FRADKOV: RUSSIA, ARMENIA CAN INCREASE MUTUAL TRADE

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MOSCOW, July 13 (RIA Novosti) - Russian Prime Minister Mikhail Fradkov believes that Russia and Armenia have the opportunities of increasing mutual trade turnover drastically.

"We have been successfully co-operating in the economic sphere, trade turnover has grown 30% as compared to last year, but we should take additional measures to use the remaining opportunities - the trade worth $200 million is not the limit," Fradkov said in his opening remarks at the Tuesday talks with Armenian Prime Minister Andranik Margaryan.

The Russian premier noted that Margaryan was making his first visit to Russia and, hopefully, it will become a landmark in Russian-Armenian relations.

According to Fradkov, this is a busy year in terms of meetings between the Russian and Armenian leaderships. "The dialogue is constantly filled with new contents, and I think that today's meeting will be made the most of," noted the Russian premier.

Fradkov believes that today's talks should result in specific economic steps, agreements and efforts to solve the remaining problems in the economic sphere. Mikhail Fradkov also remarked that the dialogue would be maintained in such spheres as energy, gas deliveries, high technologies, and military and technological co-operation.

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